Last week Innotap announced their plans to power their new RealDeal product with Complex Event Processing from Aleri. RealDeal will provide real-time decision support tools for the energy trading business. Innotap represents the latest software vendor to see the power of CEP in enhancing their product, and the value of using off-the-shelf CEP technology from Aleri.
Back at the end of 2005, when we first starting marketing Aleri CEP, we ran into a lot of firms that listened to our story but then said “…but we generally build things in-house.” We would patiently point out that while they may build their own apps in-house, they almost certainly don’t built their own databases, messaging, etc - and our view all along was that it was only a matter of time and education before firms routinely placed CEP in that same category of infrastructure. We’ve come a long way since then, in terms of awareness and understanding. And while Innotap isn’t the first firm to build a commercial application on CEP from Aleri or others, they are still leading edge. Over time, we believe more and more software vendors will turn to commerical complex event processing technology to enhance the capabilities of their products.
Tags: , Aleri, CEP, Complex Event Processing, energy trading, Innotap, RealDeal